UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 9, 2023
Trio Petroleum Corp.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-41643 | | 87-1968201 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
411 Blackhawk Plaza Circle, Suite 100
Danville, CA 94506
(Address of Principal Executive Offices)
Registrant’s Telephone Number, Including Area Code: (661) 324-1122
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Common Stock, $0.0001 par value per share | | TPET | | NYSE American LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 9, 2023, Robin Ross, a director of Trio Petroleum Corp. (the “Company”), announced his resignation from the Company’s Board of Directors (the “Board”), effective immediately. Mr. Ross had served as a member of the Company’s board since August 2021. At the time of his resignation, Mr. Ross was a member of the Board’s compensation and nominating and corporate governance committees. The resignation of Mr. Ross was not a result of any disagreement with the Company’s operations, policies or procedures.
The Board would like to thank Mr. Ross for his contributions as a founding Director of the Company, noting that through his efforts, he has aided in the building of a strong corporate board and management team. Further that the Board appreciates Mr. Ross’ continued assistance as an independent advisor to help the Company mobilize a drilling fund in order to accelerate the Company’s development plans.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | | Description |
| | | |
| 104 | | Cover Page Interactive Data File (formatted in Inline XBRL). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | TRIO PETROLEUM CORP. |
| | |
| Date: May 9, 2023 | /s/ Frank Ingriselli |
| | Name: | Frank Ingriselli |
| | Title: | Chief Executive Officer and Director |
